Best answer: Which government bank is best in India?

Which is the safest government bank in India?

Top 10 Banks to Keep Your Money Safe in India

  • 1 1. State Bank of India (SBI)
  • 2 2. Housing Development Finance Corporation (HDFC)
  • 3 3. Punjab National Bank (PNB)
  • 4 4. Industrial Credit and Investment Corporation of India (ICICI)
  • 5 5. Bank of Baroda (BOB)
  • 6 6. Axis Bank.
  • 7 7. Union Bank of India (UBI)
  • 8 8.

Which is the No 2 government bank in India?

List of Current 12 Sarkari Banks 2022

S.NO Bank Name Headquarter
1. State Bank of India Mumbai, India
2. Punjab National Bank New Delhi, India
3. Bank of Baroda Gujarat, India
4. Canara Bank Bangalore, India

Which Indian bank is best?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Who is the richest bank in India?

HDFC Bank currently ranks as the largest private bank in India, both by assets and market capitalization. The company has the third-largest market capitalization on the Indian stock exchanges, with $112.76 billion.

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Who is the No 1 bank in India?

1. HDFC Bank

Type Private Company
Products Banking
Asset ₹1,189,432 crore (US$170 billion) (2019)
Number of Branches 5,314 (30th September 2019)
Number of ATMs 13,514 (Across India)

Which private bank is best?

List of Top 10 Best Private Banks in India

  • ICICI Bank. ICICI Bank is a leading private Bank in India. …
  • HDFC Bank – Largest Private bank in India. – Advertisement – …
  • Axis Bank Ltd. …
  • Kotak Mahindra Bank Ltd. …
  • IndusInd Bank Ltd. …
  • Yes Bank Ltd. …
  • IDFC First Bank Ltd. …
  • Federal Bank Ltd.

Who is the owner of SBI bank?

As on 31 March 2017, Government of India held around 61.23% equity shares in SBI. The Life Insurance Corporation of India, itself state-owned, is the largest non-promoter shareholder in the company with 8.82% shareholding.

How many govt banks are there in India in 2021?

After a series of mergers, the number of public sector banks has come down to 12, from 27 in 2017. Following are the 12 government-owned banks in India in 2021.

Which is better SBI or HDFC?

This makes HDFC Bank a better option for instant loan requirements. HDFC Bank has an average customer rating of 4.5. In contrast, SBI has an average customer rating of 3.6, based on which it is clear that HDFC Bank has a high customer service focus, an easy process and a quick turnaround.

Which bank is better BOI or SBI?

SBI has an average customer ratings of 4.2, while Bank of India has an average customer rating of 2.5, based on which it is clear that SBI has a high customer service focus, an easy Home Loan process and a quick turnaround.

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Is HDFC better or Icici?

HDFC Bank vs ICICI Bank Advances (2016-2021)

For the year ended March 2021, HDFC Bank’s advances were 88.9% of its total deposits whereas this figure was 82.5% for ICICI Bank. Clearly, HDFC Bank is more efficient than ICICI Bank in terms of utilising its deposit base.

Which is better PNB or Bob?

Punjab National Bank scored higher in 4 areas: Career Opportunities, Compensation & Benefits, Work-life balance and Senior Management. Bank of Baroda scored higher in 2 areas: % Recommend to a friend and Positive Business Outlook. Both tied in 3 areas: Overall Rating, Culture & Values and CEO Approval.

Which bank is bigger HDFC or SBI?

According to market capitalisation, HDFC Bank is the biggest bank in the country.

Which bank has most customers?

1. JPMorgan Chase & Co. Chase Bank is the consumer banking division of JPMorgan Chase.